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AMD is investing $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance●Benchmark lowers Coinbase earnings estimates but says Clarity Act could eclipse weak second quarter●The New Disorder: How a Distant War and Trump’s Tariffs Are Re-Pricing Latin America’s Daily Life●Analyst sends chilling Oracle stock verdict●Reddit stock sinks on report it may not renew Google AI content deal●Think you have a handle on how Australia’s economy works? Take the RBA’s quiz and find out●Latin America's rightward shift bolsters investor confidence, BMI says●‘Optimistic signals’ meet a $68,000 wall as bitcoin’s recovery faces its next test: analysts●AMD is investing $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance●Benchmark lowers Coinbase earnings estimates but says Clarity Act could eclipse weak second quarter●The New Disorder: How a Distant War and Trump’s Tariffs Are Re-Pricing Latin America’s Daily Life●Analyst sends chilling Oracle stock verdict●Reddit stock sinks on report it may not renew Google AI content deal●Think you have a handle on how Australia’s economy works? Take the RBA’s quiz and find out●Latin America's rightward shift bolsters investor confidence, BMI says●‘Optimistic signals’ meet a $68,000 wall as bitcoin’s recovery faces its next test: analysts●

Asia

RBI sold $6 billion in May to defend oil-hit Indian rupee, data shows

Markets-Economic Times · 1h ago · 🇮🇳 India

RBI sold $6 billion in May to defend oil-hit Indian rupee, data shows

The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the rupee to a record low. The central bank also implemented policy measures to encourage dollar inflows into India.

Read the full story at Markets-Economic Times →

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